In 2023, Germany led the European imports of forged bars of stainless steel, closely followed by Italy and Spain. Significant growth was observed in Italy (12.19%), Spain (9.67%), and a substantial increase in imports was also noted in smaller markets like Ireland (30.2%) and Sweden (16.11%). Conversely, Belgium and Croatia experienced significant declines, with imports dropping by 18.9% and 19.9%, respectively. Poland, Denmark, and Romania also faced challenges with a decline in imports.
Future trends to watch include the potential for increased demand in less dominant markets as economic conditions shift, and the impact of environmental and regulatory policies on production and import patterns in Europe. Analyzing shifts in global supply chains and the influence of geopolitical events on trade will be crucial.
Top countries in Import of Forged Bars of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,614,300 | 2023 | -0.2% | +0.86% | View data |
| 2 | 2 Italy | 7,577,700 | 2023 | +13.83% | +12.19% | View data |
| 3 | 3 Spain | 5,811,200 | 2023 | +4.36% | +9.67% | View data |
| 4 | 4 United Kingdom | 4,441,200 | 2023 | +1.14% | +1.65% | View data |
| 5 | 5 France | 4,271,600 | 2023 | +13.23% | +6.19% | View data |
| 6 | 6 Netherlands | 1,831,000 | 2023 | +1.85% | -0.32% | View data |
| 7 | 7 Poland | 1,358,300 | 2023 | +1.96% | -4.86% | View data |
| 8 | 8 Austria | 1,127,100 | 2023 | +6.29% | +0.85% | View data |
| 9 | 9 Czechia | 537,010 | 2023 | |||
| 10 | 10 Denmark | 327,120 | 2023 | -1.47% | -4.28% | View data |